News

UPS tests drones that launch from atop its brown vans

UPS tests drones that launch from atop its brown vans

February 24, 2017 at 10:11 am 0 comments

UPS has repurposed its classic brown delivery vans to serve not only as parcel transporters, but also as roving drone command centers. In recent tests, retrofitted vans dispatch drones loaded with packages from the roof of the vehicle. The drones travel autonomously to their drop-site, and then return to theRead More

A strong quarter ends Atlas’ “historic” year

A strong quarter ends Atlas’ “historic” year

February 23, 2017 at 10:51 am 1 comment

2016 was quite a year for Atlas Air Worldwide Holdings (AAWW). During the year, the company: Acquired Southern Air Holdings, including subsidiary carrier Southern Air, with its five 777Fs and five 737-400Fs, all in CMI operation for DHL, and Signed an agreement with Amazon, under which Atlas agreed to leaseRead More

Expeditors handles record volumes in 4Q16, as margins take a hit

Expeditors handles record volumes in 4Q16, as margins take a hit

February 22, 2017 at 10:21 am 0 comments

US-based forwarder and logistics services provider Expeditors  International of Washington, Inc., transported significantly more air and ocean freight during 4Q16, compared to 4Q15, with volumes for both up 12% y-o-y. Despite higher volumes, net income was down 3.4% y-o-y, to $111 million. The larger volumes elevated net revenues, which roseRead More

Air France-KLM cargo traffic improving, will profitability follow?

Air France-KLM cargo traffic improving, will profitability follow?

February 21, 2017 at 10:41 am 0 comments

With the publication of its 2016 year-end results, Air France-KLM once again posted a full-year operating loss of €244 million, slightly narrower (by €1 million) than its 2015 full-year result. Cargo traffic meanwhile, has not yet returned to growth, but the situation is improving more rapidly. Group cargo traffic wasRead More

Amazon will use its Amazon Prime service as the basis for its air fleet branding.

Amazon’s Prime Air to commence operations at CVG beginning in spring 2017

February 20, 2017 at 10:44 am 0 comments

At the beginning of the month, Seattle-based Amazon announced plans to shutter its Prime Air operations at Wilmington Air Park (ILN) in Ohio, and construct a new “centralized air hub” at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. (For a more detailedRead More

Drivers of 2016 peak season

Drivers of 2016 peak season

February 17, 2017 at 10:30 am 0 comments

After a tepid start to the year, the air freight market began to sizzle during the second half of 2016, with y-o-y monthly gains of 9.1%, 6.8% and 9.8% in October, November and December. Looking back, was this a result of rising underlying demand for air cargo, or the workRead More

ATSG looks ahead

ATSG looks ahead

February 16, 2017 at 10:51 am 0 comments

In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpseRead More

YTO’s rapid expansion prompts order for three 737-300P2F conversions

YTO’s rapid expansion prompts order for three 737-300P2F conversions

February 15, 2017 at 11:03 am 0 comments

Almost exactly one year ago, Hangzhou-based YTO Express Airlines announced an order for ten Boeing 737-800BCFs (Boeing Converted Freighters), with options for an additional ten. This week, the carrier went public with a separate order for three 737-300 freighter conversions with PEMCO World Air Services. YTO’s new purchase commitment highlights itsRead More